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News
Trump renews his calls to cap credit card fees
2+ day, 9+ hour ago (233+ words) President Donald Trump at the inaugural Republican midterm convention in Dallas revived his push to cap credit card swipe fees in a nearly two-hour address that also promised Americans a $5,000 payday if the GOP stayed in power. Wednesday's comments mark…...
Cash, Checks, and the Quiet Erosion of Financial Freedom
1+ mon, 1+ week ago (804+ words) B. Waine Kong, Ph.D., JD There is an old saying that money talks. But increasingly in America, the kind of money you carry determines whether anyone is willing to listen. Walk into a growing number of restaurants, parking garages, event venues,…...
Banks Are Charging Retirees 21% Interest – This Card Feature Pauses It to 0% For Up to 21 Months * WorldNetDaily * by Sponsored Content
1+ mon, 1+ week ago (2+ words) ... Read more...
Fed issues biennial report on debit card transactions in 2023
7+ mon, 2+ week ago (312+ words) Recently, the Fed released its eighth biennial report on debit card transactions, providing an in-depth look at industry trends for 2023, pursuant to Section 920 of the EFTA. The report stated that payment card networks processed 100.7 billion debit and prepaid card transactions…...
Fed report stirs debit fee debate
8+ mon, 2+ week ago (881+ words) The Federal Reserve on Friday issued a report detailing data on debit card transactions, including fees imposed on merchants by bank card issuers and card networks when consumers swipe the cards to pay for a purchase. Interchange fees charged across…...
Federal Reserve Board publishes its biennial report on debit card transactions, which summarizes information collected from large debit card issuers and payment card networks
8+ mon, 3+ week ago (148+ words) An official website of the United States Government Official websites use.gov Secure.gov websites use HTTPS Federal Reserve Board publishes its biennial report on debit card transactions, which summarizes information collected from large debit card issuers and payment card…...
Fresh perspective on card surcharge ban: Here’s why it will hurt some businesses
9+ mon, 2+ week ago (374+ words) The Reserve Bank of Australia’s proposed ban on credit card surcharges could worsen inflation and force up prices for all consumers, the Australian Travel Industry Association (ATIA) warned. The RBA announced earlier this year it was looking to ban surcharges…...
Visa warns Reserve Bank fee cut plan will backfire on shoppers
11+ mon, 2+ week ago (854+ words) Reserve Bank plans to drive down the fees on credit and debit card transactions will ultimately hurt Australian consumers while denying the country new technology that could make trips to supermarkets a thing of the past, one of the world’s…...
Bullock blasts banks as she presses to end card surcharges
11+ mon, 3+ week ago (769+ words) Reserve Bank governor Michele Bullock has ridiculed the nation’s banks and credit card providers, dismissing claims they will cut spending to prevent card fraud in response to plans by the RBA to slash fees paid by shoppers when they use…...